JPYINR trading range for the day is 68.15-69.21 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.58-75.76.
USDINR gained to eight months high amid a rapid increase in second-wave of coronavirus cases
USDINR rallied as record cases and a possible lockdown in the western state of Maharashtra, home to Mumbai, hurt sentiment.
Weighing on the region's markets were expectations of a further rise in U.S. yields on a likely strong reading for U.S. consumer inflation for March
EURINR
EURINR trading range for the day is 88.79-90.03.
Euro gained supported by weakness in Rupee after prices seen some pressure as Germany's industrial production decreased unexpectedly in February
ECB's Lagarde: - Markets are aware of ECB's intentions and in the second half of 2021, the recovery will be fast
ECB's Lagarde: If needed, we will stretch or widen PEPP
GBPINR
GBPINR trading range for the day is 102.16-104.16.
GBP remained supported to due weakness in rupee and the "stage two" of lifting lockdown began in England.
The UK construction sector grew at the fastest pace since 2014 in March
UK house price inflation accelerated sharply in March to its highest level in four months
JPYINR
JPYINR trading range for the day is 68.15-69.21.
JPY gained due to weakness in Rupee after some pressure as investors retreated with rising coronavirus infection rates locally
Japan producer prices rise for 1st time in 13 months
Overall bank lending in Japan was up 6.3 percent on year in March, the Bank of Japan said - coming in at 579.994 trillion yen
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)